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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,305 | $183,539-87.8% | $155,556-85.7% | $145,897-84.7% |
| Participation rate | 46.2% | 82.7%-36.6pp | 78.2%-32.1pp | 80.3%-34.2pp |
| Annual return | 16.38% | 61.31%-44.9pp | 64.84%-48.5pp | 552.29%-535.9pp |
| Employer contribution / active EE | $793 | $5,315-85.1% | $4,675-83.0% | $4,663-83.0% |
| Participant deferral / active EE | $4,183 | $6,467-35.3% | $5,631-25.7% | $6,689-37.5% |
| Admin fee / account holder | $173 | $19,275-99.1% | $15,885-98.9% | $13,390-98.7% |